Global OLED Technology LLC


Global OLED Technology LLC develops and administers intellectual property purchased by Korea's LG Group from the Eastman Kodak Company for US$100 million in December 2009. Comprising some 2,200 patents, its portfolio of technologies arises from Kodak's research into organic light emitting diodes which stretches back to the 1970s or early 1980s.

Ownership

In June 2010 the Idemitsu Kosan Co., Ltd., a petrochemical company based in Tokyo, Japan, acquired a 32.73% stake in Global OLED Technology for several billion yen. LG Display had an existing relationship with Idemitsu's Electronic Materials Department, having secured a strategic supply of high-performance OLED material through a 24 June 2009 memorandum of understanding.
The balance of the company is held by three subsidiaries of LG Corp
Companies licensing Kodak-developed technologies include